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CHICAGO — Cushman & Wakefield has brokered the sale of a 1.2-acre retail site on Chicago’s southwest side for $2 million. The buyer, a private investor and developer, plans to redevelop the site into a retail shopping center. The property, located at 5501 S. Kedzie Ave. in Chicago’s Gage Park, was most recently home to a Bank of America branch. The area is traveled by more than 54,000 vehicles per day, and more than 62,000 people live within a mile of the site. Nicholas Kanich of Cushman & Wakefield represented both the buyer and the seller, 5501 S. Kedzie LLC. The buyer plans to break ground on the shopping center this spring.